Market Reacts to Trump Move to Revoke AI Safety, Security StandardsMarket Reacts to Trump Move to Revoke AI Safety, Security Standards

Within hours of taking the oath of office Monday, President Donald Trump took the first steps to reverse dozens of executive orders he called “harmful executive orders and actions,” including one enacted in 2023 about the safe and secure use of artificial intelligence.

Executive Order 14110, enacted in 2023 for the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence,” was one of dozens on the Trump Administration's Executive Order “Initial Rescissions of Harmful Executive Orders and Actions.” 

As of Tuesday morning, it no longer appeared on the White House website, nor does the fact sheet about the executive order.

Executive Order 14110 established a government-wide effort to guide responsible AI development, deployment and regulation.

It followed a voluntary White House agreement reached with technology companies leading the charge in AI development in July 2023, on a series of practices to ensure the safe deployment of AI. Executives from OpenAI, Google, Microsoft, Meta, Amazon, Anthropic and Inflection AI met with President Biden and committed to responsible AI practices.

With a new administration, Trump looks to be making some changes.

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